The Biggest Compliance Traps Happening At Your Firm
As a compliance officer responsible for administering your firm’s compliance program, you are keenly aware of your firm’s compliance risks, but are you aware of the biggest compliance traps happening at your firm? The SEC requires advisers to implement compliance programs designed to mitigate these risks. As news of SEC enforcements continue to be reported, you’re likely evaluating whether your firm’s compliance program could withstand similar regulatory scrutiny. If you find yourself thinking, “that’s not us,” it may be time to dig deeper. Your firm may have compliance vulnerabilities that aren’t obvious, yet could pose significant regulatory risks.
Continue to read this article by Lori Weston, Director of Product and Strategy, in Traders Magazine here.
Investing in a compliance partner is not just about avoiding penalties; it’s about safeguarding your firm’s future. As regulations continue to evolve, having a trusted compliance resource by your side is the most effective way to navigate the complexities of today’s regulatory environment.
